Wednesday, September 18, 2019Broadband households with residential security will exceed 15% in the UK, 9% in France, and 10% in Spain by 2023 CONNECTIONS™ Europe features insights on smart home and security from F-Secure, Universal Electronics, Robert Bosch Smart Home GmbH, Deutsche Telekom AG, and more Parks Associates research finds more than 15% of UK broadband households will have professionally installed or nontraditional residential security systems by 2023, with nontraditional solutions in the majority. The firm’s Digital Living Forecasts: Professional Residential Security in Europe also notes that more than 10% of Spanish broadband households and 9% of French broadband households will have residential security systems by 2023. According to Parks Associates, nontraditional security systems include homes with professionally installed systems that no longer subscribe to professional monitoring services and installed security systems that do not comply with the full professional security industry standards, which may include some DIY systems.
The research firm will address new business models, consumer engagement strategies, and value-added services at the 14th annual CONNECTIONS™ Europe: Strategies for Security and Smart Home, 19-20 November at the Amsterdam Marriott Hotel. Conference sponsors include Alarm.com, ASSA ABLOY, Ayla Networks, Bitdefender, ULE Alliance, Universal Electronics, and Wi-Charge. “The residential security industry in Europe is facing significant disruption as smart home solutions that blend security with new value-added features enter the market,” said Dina Abdelrazik, Senior Analyst, Parks Associates. “The addition of interactive services in particular is increasing product revenue and service income and staunching customer churn. These non-traditional solutions will drive steady growth in this sector for the next five years.” CONNECTIONS™ Europe features executives from the top European and international companies in the digital living ecosystem addressing the advances in the smart home and security market in Europe as tech giants and new DIY solutions are introduced across Europe.
To schedule an analyst meeting or request specific research data, contact Sherrelle Lewis at [email protected], 972-996-0214.
About CONNECTIONS™ Europe CONNECTIONS™ Europe: Strategies for Security and Smart Home will be a virtual conference taking place 10-12 November 2020, as part of the CONNECTIONS™ Community. This virtual conference and networking experience will host multiple webinars leading up to the November event, with analyst insights, interactive panels, roundtable discussions, and special networking, taking place July 15, July 29, Aug 19, Sept 16, Oct 7, and Oct 28. Produced by Parks Associates, the 14th annual CONNECTIONS™ Europe is an executive conference focused on innovative business models, industry partnerships, and technology advancements for smart home solutions, cloud services, and value-added services, including energy management and connected health services. CONNECTIONS™ Europe combines networking opportunities with visionary keynotes and conference sessions focused on technology adoption and trends, product and service forecasts, evaluation of new business strategies, and recommendations for strategic partnerships and monetization opportunities. http://www.connectionseurope.com
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